Malaysia’s IPI Climbs 4.6 Percent In Apr

KUALA LUMPUR, Jun 11 (NNN-BERNAMA) – The Industrial Production Index (IPI) in Malaysia, increased 4.6 percent in Apr, from a year ago, steered by the manufacturing and electricity sectors, official data showed, yesterday. The expansion of the IPI was contributed by the manufacturing and electricity sectors, which increased 6.2 percent…

Inflation In Laos Hits 18-Year High At 12.8 Percent In May

VIENTIANE, Jun 11 (NNN-KPL) – Laos’ inflation rate climbed to 12.8 percent in May, on a yearly basis, the highest in 18 years, according to the latest report from the Lao Statistics Bureau. The fuel crisis, with petrol stations across the country running dry, and the continuing depreciation of the…

Malaysia’s Manufacturing Sales Up 13.2 Percent In Apr

KUALA LUMPUR, Jun 11 (NNN-BERNAMA) – Malaysia’s manufacturing sales value in Apr, grew 13.2 percent to 147.9 billion ringgit (about 33.61 billion U.S. dollars) from a year ago, official data showed yesterday. The sales value increased by 2.3 percent as against the previous month, the Department of Statistics Malaysia (DOSM)…

19th Shangri-La Dialogue Kicked Off In Singapore

SINGAPORE, Jun 11 (NNN-CNA) – The 19th Shangri-La Dialogue, hosted by International Institute for Strategic Studies (IISS), opened here last night, after a two-year COVID-19 pandemic hiatus. Leading the Chinese delegation to the dialogue, Chinese State Councillor and Minister of National Defence, Wei Fenghe, will address a plenary session tomorrow.…

Vietnam Ranks 68th Out Of 120 In Budget Transparency

HANOI, Jun 10 (NNN-VNA) – Vietnam was placed 68th out of the 120 countries in the biannual Open Budget Survey (OBS) 2021, up nine spots from 2019, it was reported today. The country scored 44 out of the maximum of 100, in transparency, 80 in budget oversight and 17 in…

S.Korea’s Top Diplomat To Visit Washington For Talks With Blinken

SEOUL, Jun 10 (NNN-YONHAP) – South Korean Foreign Minister, Park Jin, planned to visit Washington this weekend for talks with his U.S. counterpart, Antony Blinken, the South Korean foreign ministry said today. At the invitation of Blinken, the South Korean foreign minister will make a four-day trip to Washington from…

Two Factories Established In Afghanistan’s Herat Province

HERAT, Jun 10 (NNN-ANA) – With the support of local businesspersons, two factories have been established, at an industrial park in Afghanistan’s western province of Herat, a provincial source said yesterday. “The cotton-processing and oxygen-producing factories were established in Herat Industrial Park on Wednesday,” Hamidullah Khadem, chairman of the province’s…

Bangladeshi Businesses Seek Ways To Promote Trade Ties With China

DHAKA, Jun 10 (NNN-BSS) – Bangladeshi businesses sought ways to promote trade ties with China, as China has been opening up wider. At a seminar on trade with China on Wednesday, Mohammad Abdur Razzaque, chairman of the local think-tank Research and Policy Integration for Development, said, Bangladesh should develop a…

Hezbollah Vows To Protect Lebanon’s Oil, Gas In Dispute With Israel

BEIRUT, Jun 10 (NNN-NNA) – Lebanon’s Hezbollah, yesterday, vowed, it has the capabilities to prevent Israel from extracting oil and gas from a disputed offshore field in the Mediterranean. In a televised speech, Hezbollah leader, Sayyed Hassan Nasrallah said, his party “will not remain silent, if the Israeli enemy steals…

Syrian President Accuses U.S. Of Using Dollar To Commit Global “Robbery”

DAMASCUS, Jun 10 (NNN-SANA) – Syrian President, Bashar al-Assad, accused the United States of using the U.S. dollar to commit robbery on a global scale, it was reported yesterday. In an interview with Russia Today, Assad said that, if the dollar continues to govern the world economy, “nothing will change.”…
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